Why St. Kitts needs to know these five things before buying a house
Why St. Kitts needs to know these five things before buying a house
This article uses the shortest description of these five things St. Kitts needs to know before buying a house.BCBIP passport project,Dominica citizenship of investment citizenshipThe project, what needs to be known.
1. St. Kitts has many negative events
International negative news
- Malaysian financial scammer Liu Tezuo, involved in corruption case
- Pilatus bank money laundering case, the bank’s president used two St. Kitts passports to evade sanctions(2019)
- St. Kitts Developers Explode Scandal Again(November 2018)
- A group of tourists carrying 105 white passports were detained while transiting through the Caribbean(November 9, 2019)
- Former Saint Kitts prime minister Denzil Douglas was detained in the UK at Gatwick airport for carrying £70,000 in cash(November 2019)
- The former Prime Minister of Saint Kitts holds a Dominica diplomatic passport(March 2020)
Realtor Corruption
The St. Kitts government did not disclose the number of passports issued under the Investment Citizenship Program or the nationality of the people who obtained them. The “St. Kitts and Nevis Report 2018” issued by the United States Secretary of State brought the fraud allegations to St. Kitts’ supervisory agency, Foreign Minister of Saint Kitts and Nevis and Prime Minister of Nevis, Mark Brantley, confirmed at the Dubai meeting in January 2019 that the local police had conducted a full investigation into the use of forged documents. Applicants for the Investment Citizenship Program (St. Kitts Passport) have moved from sustainable growth funds to real estate development projects,These projects will actually never be completed, benefiting unethical marketing agents and local developers.
2. St. Kitts corrupt officials are used to it
March 12, 2020: A day in St Kitts' history that cannot be forgotten
Eastern Caribbean Supreme CourtRuling that Denzil Douglas, the former Prime Minister of Saint Kitts and Nevis and the current leader of the Labour Party, must immediately withdraw from his seat in the country’s National AssemblyDominicaDiplomatic passport and pairDominicaAllegiance. The court declared in a judgment on March 12, 2020, "Denzil Douglas (Denzil Douglas)DominicaAllegiance, obedience, and obedience violated Article 28(1)(a) of the Constitution. According to Article 31(3)(c) of the Constitution, he must be evacuated from his seat in the National Assembly. "
The new prime minister is caught in a 700 million lawsuit
Denzil Douglas made St. Kitts a complete facelift, led the St. Kitts passport project through the golden age of more than ten years, reborn an island of gangsters, gangsters, and money laundering, and also allowed developers to make big profits. After the election of the prime minister in 2015, the real estate business was out of control and unable to deliver the house; in 2018, the new prime minister Timothy Harris relaxed the original need to buy a house of 400,000 US dollars, and now only 200,000 US dollars (andDominicaSame), but in 2019 a new information revealed,The current Prime Minister Timothy Harris is involved in a lawsuit of US$100 million (700 million yuan),
Harris is known for his scandals. "Since taking office, he has been embarrassed by St. Kitts by bribing Peter Virdee for the Caribbean Petroleum Project scandal, stem cell scandal, and passport sales scandal. The most embarrassing thing is the herpes scandal. "
3. Illusion: Saint Kitts and Taiwan establish diplomatic relations
Avoid CRS, immigrate to Taiwan
Non-public information shows that some Chinese people consider St. Kitts passports because of their diplomatic relations and the impact of the Belt and Road Initiative. In addition, intermediary companies use it as a pretext for publicity. In fact, this may be a proven trap.
To solve CRS, tax, and financial account exchange problems, please see these articles:
No checkout/entry into Taiwan
The place of birth is in China and cannot use visa-free (St. Kitts passport) or online visa (Dominica) Advantages to enter Taiwan. If you wishImmigration to Taiwan, Is still treated as a Chinese citizen.
4. St Kitts property has no market value
Difficult to sell = no market value
St. Kitts’ real estate project investment fell from 400,000 US dollars to 1/2 price. In fact, it is not cheap, but the concept of common consumption. Two groups of applicants invested 200,000 US dollars at the same time to reach 400,000 US dollars (one unit) The effect is that the 400,000 US dollars (one unit) is already the equity of the project. You are joint venture with another person. If you want to sell it in the future, it needs to be agreed by both parties before it is sold to two other people. Under the previous topic of knowing each other, invest 1/2 together, and wait five years to find the next pair of investors...
St. Kitts Property: Black Money, Helping Realtors Settle, Corruption
March 12, 2020Eastern Caribbean Supreme CourtThe Court of Appeal ruled that former Prime Minister Denzil Douglas must immediately withdraw from his seat in the country’s National Assembly. As the leader of the immigration of St. Kitts passports for nearly 20 years, it has been respected by many supporters worldwide ,The prime minister of the passport project country holds a diplomatic passport from another country, but it never happened.The most disappointing are those supporters who chose St. Kitts because of his choice, as well as those real estate developers who are actively launching financing for home purchases, and now only want to quickly unwind and recover funds.
5. Comparison of Saint Kitts and Dominica
Dominica first, St. Kitts second
The only remaining legal passport immigrants, St. Kitts andDominicaThe oldest first and second place,Reference article: CBI INDEX.
Passport immigration trends
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Reference article
- CBI Index: Global Ranking of Passport Items
- Saint Kitts Dominica Turkey's three strongest steps in place for a complete comparison
- St. Kitts Dominica Turkey's three strongest steps in place for a complete comparison (2)
- St. Kitts Dominica Turkey's three strongest steps in place for a complete comparison (3)
- Analysis of the latest passport immigration project
- Budget is not high, there is not much money, where can I immigrate
- Forbes: Abandoning the US passport and taking the Dominica passport, is this really the case?
Reference link
- Malaysian financial scammer Liu Tezuo, involved in corruption case
- Pilatus bank money laundering case, the bank’s president used two St. Kitts passports to evade sanctions(2019)
- St. Kitts Developers Explode Scandal Again(November 2018)
- A group of tourists carrying 105 white passports were detained while transiting through the Caribbean(November 9, 2019)
- Former Saint Kitts prime minister Denzil Douglas was detained in the UK at Gatwick airport for carrying £70,000 in cash(November 2019)
- The former Prime Minister of Saint Kitts holds a Dominica diplomatic passport(March 2020)
Further reading
Quickly understand the Dominica's CBI program, processing, materials, legalization, time, visa-free countries, qualifications, advantagesAdvanced Citizenship by Investment of DominicaHow to open an offshore bank account for Dominica passport holder?To apply for 10-year USA B1/B2 visa with Dominica passport is simpler than you thinkComparison: Saint Kitts, Dominica, Turkish citizenship by investmentDominica | Saint Lucia | Grenada | Antigua | Three things I suggest you do immediately after you get your Caribbean passport in Saint KittsInvestment-free, house-free, financially independent, permanent residence in the EU, green card, one-step, apply for residence permit in GreeceCompare
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Dominica citizenship program
- The Dominica citizenship program was established in 1993 and is one of the oldest naturalization programs in the world.
- Passport immigrationApplicants are not required to attend the interview
- Can handle immigrants quickly: the time is about 2-3 months
- For single applicants, this is the most cost-effective plan
- Identity can be passed on permanently to the next generation
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